That's a bit beyond "video editing" that we teach here (at least, right this moment). What you're wanting to do is not really edit video, but to use an editor to create entirely new content -- to "render" something new.
Adobe After Effects is usually what you'd use for this sort of work, not necessarily Premiere.
For something like this, I would suggest looking at Wrigley Videos site a
http://wrigleyvideo.com/videotutorial/index.htm or their forum at
http://www.wrigleyvideo.com/forum
Creative COW and the Adobe Forums may also prove useful, on this specific topic.
I wish I could help more, but most of we do is re-edit video that has effects already inserted, editing
just the video (no effects creation/insertion), or converting/restoring for use by an editor that does more than basic effects.
For that effect, you could create a series of stills in Photoshop, and then set them to motion by dropping them into the Premiere timeline in a sequence. I've done this before for DVD menus, and special transitions in the video itself (divides between chapters), but there may be easier methods using After Effects or similar effects editors/generators.
I'd rather point you to places to learn the "easy way" rather than teaching my more manual method. I get the feeling you're going to want a lot of page turns, so the manual method would get to be obnoxious very quickly, I'd imagine.
The hardest part is probably getting the image of a book. I'd shoot it with my pro DSLR, on a tripod, and have it record a sequence as I turn pages. If it needs to be "drawn looking", then there are cartoonizer filters out there to handle that task.
Does any of that help?
Feel free to post thoughts, etc. Thanks.